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Tuesday, December 23, 2014

Market Daily Report (23 Dec 2014)

FBM KLCI close slightly higher

Year-end window dressing by fund managers seem to keep FBM KLCI on a slight gain today, an increase by 5 points, 0.29% higher.

The local market is also boosted by the performance in US trade.

Wall Street closed at historic highs while oil prices recouped just a little of the losses suffered when Saudi Arabia dismissed curbing supply.

Top gainers are mainly consumer sector such as British American Tobacco, Dutch Lady  etc.

Across the region, Hong Kong’s Hang Seng declined 0.32% while South Korea’s Kospi was down 0.21%.
Japan markets were closed for a holiday.

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